Global Polylactic Acid
Polylactic acid (PLA) is a biodegradable thermosetting polymer, which is widely used in packaging, automotive, and agriculture industry. Diversified applications of PLA in various industries are driving its demand across the globe. In addition, stringent regulations favoring the use of bio-plastic are also contributing to the rising demand for PLA worldwide. However, there are various alternatives for PLA, for instance agricultural fibers, which may hamper the growth of PLA market in coming years.

Polyvinylidene Fluoride Coatings
The increasing demand from the wire and cable industry, numerous applications of PVDF coating, and excellent properties has led the global demand for PVDF coating. PVDF coating has excellent resistance to corrosive and chemical environments along with improved resistance to abrasion compared to PTFE. It is thus extensively used among other fluoropolymer coatings. Also, the excessive use of PVDF coating in its application is the major reason which will drive this market for the next five years.